Many dream of owning a beautiful home in a beautiful city. And, to help you in cherishing that dream, IndusInd Bank is here. Yes, you read that right! This Mumbai-based new generation bank, established in the year 1994, is best known for offering commercial, transactional, and electronic banking products as well as services. When it comes to home loans, IndusInd Bank offers the same so that people living across the country can easily fulfill their dream home wish. The bank offers you this credit facility to meet all your needs. The lender caters to the needs of one and all with a fast and easy home loan process, along with simplified documentation and an attractive interest rate that starts from 8.50% to 9.75%. To know more about IndusInd Bank Home Loan, just take a look at the page below.

IndusInd Bank Home Loan Interest Rate Details 2025

Here are the details of the home loan and the latest IndusInd Bank Home Loan interest rates -

IndusInd Bank Home Loan Eligibility Criteria

To know about the eligibility criteria set by the bank to avail of a home loan, just go through the table below.

Documentation Required For IndusInd Bank Home Loan

1. Personal Identification Documents

• PAN or Form 60:
  • Copy of PAN Card (mandatory if the applicant’s income is considered)
  • Form 60 (if PAN card is not available)
     
• Identity Proof (any one, if PAN not available):
  • Passport (mandatory for NRI applicants along with a valid VISA)
  • Driving License
  • Voter ID
  • Aadhaar Card
  • Job card issued by NREGA

2. Address Proof

• Residence Address Proof (any one):
  • Driving License
  • Passport
  • Aadhaar Card
  • Voter ID
  • Job Card issued by NREGA
• Age Proof (any one):
  • PAN Card
  • Driving License
  • Passport
  • Aadhaar Card (if complete date of birth is mentioned)
  • Voter ID
  • Birth Certificate or 10th School Leaving Certificate
  • Life Insurance Policy

3. Proof of Office Address (for Self-Employed Applicants)

• Any one of the following:
  • Utility Bill (piped gas, water, post-paid mobile, electricity, landline) less than 2 months old
  • GST Registration Certificate
  • Shops & Establishment Certificate
  • Title Documents of Shop or Business Premises
  • Any other government/authority-issued license
  • Rental Agreement/Lease Deed along with a utility bill in the name of the landlord (less than 2 months old)

4. Income Documents

• For Salaried Individuals:
  • Last 3 months’ salary slip, salary certificate, or contract on company letterhead (signed by the authorized signatory)
  • Last 2 years’ Form 16/16A (can be waived if eligibility is met through salary mentioned in the salary slip without including bonus)
  • The last 3 months’ bank account statements where the salary is credited
     
• For Self-Employed Individuals:
  • ITR of individual and business, along with audited financials of the last 2 years
  • Last 6 months’ bank statements for the business/operating account of the firm/company and the loan applicants’ savings/current account

5. Existing Loan Repayment Track Record

• Bank statement reflecting the last 6 months’ EMI clearance (12 months for balance transfer loans)
• Sanction letters or loan account statements

6. Signature Verification Proof (any one)

• Passport
• Cheque for the login fee from the salary account
• Banker’s signature verification
• PAN Card (digitally issued e-PANs are not accepted as valid signature proof).

7. Additional Documents (For Non-Individual Entities)

• Legal Entity Documents:
  • Certificate of Incorporation (COI)
  • Certificate of Commencement (COC)
  • Memorandum of Association (MoA) and Articles of Association (AoA).
  • Partnership Deed
  • Trust Deed

8. Property-Related Documents

• Sale Agreement
• Construction/Renovation Estimate (for purchase plus construction, self-construction, home extension, home improvement cases)
• List of Documents (LOD) for Home Loan Balance Transfer Cases

9. Processing Fee

• Cheque from the salary/main operating account

10. Application Form

• Duly filled and signed application form
• Latest passport-size photograph of applicants (affixed and self-attested via signature across the photograph)

11. Loan Agreement & Annexures

• Loan agreement as per product type
• Annexures must be completed, signed, and stamped following state regulations.
  • Schedule of the Loan Agreement
  • List of Documents (LOD)
  • Loan Restriction Letter (if any)
  • Disbursement Request Letter
  • Franked GPA document (for NRIs)
  • Indemnity for under-construction cases in plot loans
  • Any alteration/correction is to be authenticated by the applicants

12. NACH Mandate / Security Cheques (SPDC)

• NACH / SI Mandate with a signed canceled cheque with the A/C holder’s name as per bank records
• 3 Undated Security PDCs equivalent to the EMI amount
• 1 Undated Cheque (amount kept blank)
• 1 Cheque towards PEMI amount (SPDC favoring "IndusInd Bank A/C Customer Name")

13. Insurance Details (if applicable)

• Life/General Insurance application form

14. Property Documents as per Type of Transaction

• As per bank policy

15. Balance Transfer from Other Banks/Financial Institutions

• Original List of Documents from the Previous Financer
• Latest 12 months’ Loan A/C Statement with Outstanding Letter
• Existing Loan Details & 6 Months’ Bank Statement from where EMI is deducted
• Indenture of Guarantee, Undertaking of Indemnity
• Own Contribution Receipts and Bank Statements reflecting payment of own contribution
• Sanction Letter (duly accepted and signed by all applicants/Power of Attorney)

16. Other Documents (if applicable)

• Letter from customer opting for EMI in case of partly disbursed cases
• Dual Name/Dual Sign Affidavit
• End-Use Letter (for Home Loan Top-Up Cases)

How can you calculate EMI for IndusInd Bank home loan?

If you are interested in availing an affordable home loan from the bank, you should also be interested in knowing the EMIs of your loan. This smart and time-saving device allows you to know the exact calculations of your monthly installments in the most hassle-free manner. Wishfin IndusInd Bank Home Loan EMI Calculator is a device just takes into consideration a few credentials, i.e.

• Loan Amount

• Interest Rate

• Tenure

To have a better understanding of the same, look at the example below.

Abhishek Ranjit, Programming Head by profession, is looking to avail a home loan of Rs 30 Lakh to buy a beautiful home for his family in Mumbai. This lender is ready to offer him the same loan amount at an interest rate starting from 8.50% to 9.75%. For a tenure of 25 years. Now, what would be the EMIs, interest, and total amount payable during the loan? To know the same, just go to the table below.

Fees/Charges of IndusInd Bank Home Loan

Here are the additional charges apart from the Home loan interest rate. Make sure to check them before applying for the IndusInd Bank Home Loan - 

Features of IndusInd Bank Home Loan

• Competitive Interest Rates – IndusInd Bank offers attractive interest rates to make home loans affordable, ensuring lower EMIs and overall savings.
• Easy EMI – Flexible EMI options allow borrowers to repay their home loans conveniently without straining their monthly budget.
• Doorstep Services – The bank provides hassle-free home loan assistance with document collection and processing services at your doorstep.
• Balance Transfer Facility – Transfer your existing home loan from another bank to IndusInd Bank at better interest rates and repayment terms to reduce your financial burden.
• Flexible Tenure – Choose a repayment tenure that suits your needs, with options extending up to 30 years for comfortable loan repayment.
• Simplified Documentation – The loan process requires minimal paperwork, making it easier and quicker for applicants to get approval.
• Transparent Process – The bank follows a straightforward and customer-friendly loan approval process with clear terms and conditions.
• Fastest Disbursal – IndusInd Bank ensures quick loan processing and disbursal, helping you finance your dream home without delays.
• No Hidden Charges – The bank maintains transparency by eliminating any undisclosed fees, ensuring you only pay what is mentioned in the agreement.

IndusInd Bank Home Loan Customer Care

If you have any queries related to home loans, you can contact the bank on its toll-free number 1860 500 5004 or dial 022 44066666. The customer care service is available 24X7 for the convenience of the customers.

Summary!

IndusInd Bank Home Loans offer a seamless and transparent borrowing experience with competitive interest rates starting from 8.50% to 9.75% p.a. with flexible repayment options and minimal documentation. The bank ensures quick loan processing, doorstep services, and the convenience of balance transfer facilities to help borrowers manage their finances efficiently. With no hidden charges, customer-friendly policies, and dedicated support, IndusInd Bank provides a reliable solution for individuals looking to purchase, construct, or renovate their dream home. 

FREQUENTLY ASKED QUESTIONS

1. Who is eligible to apply for an IndusInd Bank Home Loan?

Both salaried and self-employed individuals who meet the bank’s income and credit criteria can apply for a home loan. NRIs are also eligible for home loans with additional documentation requirements.

2. What is the maximum loan tenure available?

IndusInd Bank offers flexible loan tenures of up to 30 years, depending on the applicant’s eligibility and loan type.

3. What are the processing charges for IndusInd Bank Home Loans?

The processing fee is up to 1% of the loan amount and is non-refundable.

4. What is the interest rate for IndusInd Bank Home Loans?

The IndusInd Bank Home Loan Interest rates are competitive and may vary based on the applicant’s profile, loan amount, tenure, and prevailing market conditions, but ideally, the latest interest rates are 8.50% to 9.75% p.a.

5. What documents are required to apply for an IndusInd Bank Home Loan?

Some of the essential documents include:

• PAN Card or Form 60
• Identity and Address Proof
• Income Proof (Salary Slips, ITR, Bank Statements)
• Property Documents (Sale Agreement, Title Deeds, etc.)